A growing concern for investors who buy off the plan can arise through a Division in the GST law, which vendors and developers can exploit to pass GST costs onto buyers. As Michael Quinn explains, uninformed investors can be hit with GST bills they never expected, and which can run into tens of thousands of dollars
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Many investors and homebuyers are dealing with a high degree of uncertainty at the moment. Declining housing finance commitments and national auction clearance rates falling to around 50% throughout June (according to Australian Property Monitors) tell the story.
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Some landlords lose sight of the basics when it comes to taking care of their investment property, or simply don’t know what is really involved in the day-to-day running of a rental property. Pamela Yardney presents a crash course on how to manage your biggest asset
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